NGEx Resources (NGQ.TO) has released the final results from the final nine drill holes on its Filos del Sol project in Argentina. Once again the company was able to interesting drill results such as 20 meters of 1.07% copper and 0.63g/t gold and 44 meters of 0.8% copper and 1.09g/t gold. Additionally, 10 meters of an astonishing 7.5% copper was discovered as well as 6 meters of just over 4g/t gold and 8 meters of almost 13 ounces per tonne of silver.
As this drill program was designed to test the high-grade Manto zone, most of the holes ended in the porphyry mineralization. NGEx has now successfully performed infill drilling and confirmation drilling on the higher grade zone, and the Filos del Sol project still remains open in all directions. A maiden resource estimate is expected later this year by the end of the third quarter.
Disclosure: The author currently holds no position in NGEx Resources. Please see our disclaimer for current positions.